Donaco boss Joey Lim takes threemonth leave of absence for health and

first_img Load More Donaco ready to reset after horror year sees losses widen in FY19 on Cambodia impairment charge Ben Lim is currently a director of Donaco Singapore Pte Ltd and is a major shareholder of Genting’s property development arm, Genting Development Sdn Bhd. He also holds a 17.4% stake in Donaco International with his brother.“The Board is very pleased that Ben Lim has agreed to step up as a senior executive and lead the company through this period of transition,” said Chairman Stuart McGregor. “We also congratulate Joey Lim on recognising his need to focus on his personal wellbeing and health, and wish him all the best for a speedy recovery.”The company said that Joey Lim will continue to perform a reduced role during his absence, focussing on key strategic issues for the company. He will subsequently take a US$8,450 per month paycut which will be paid to Ben Lim instead. RelatedPosts Donaco to file multiple appeals after arbitrator rules in favor of Thai vendors in Star Vegas land lease dispute Donaco International Limited’s Managing Director and CEO, Joey Lim, has temporarily stepped down from his leadership role in order to deal with health and personal matters.The Australian-listed company announced on Thursday that Lim has requested a leave of absence for three months, with his position to be filled in the interim by his brother, Ben Lim. Donaco will also commence an international search to recruit a professional Chief Operating Officer and Deputy CEO “to enhance and strengthen the current management team at both of the company’s casino properties” – Star Vegas in Cambodia and Aristo in Vietnam. Donaco’s US$190 million Singapore court case against Thai vendors delayedlast_img read more

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Go back to the enewsletter SmartFlyer Australia

first_imgGo back to the enewsletter SmartFlyer Australia, part of the multi-award-winning Goldman Travel Group, has recorded 24% increase in year-on-year revenue for the 2017/18 financial year – a testament to its investment in a growing network of almost 40 independent travel advisers.SmartFlyer Australia is a full-service network compromised of the ultimate travel collective. Its team of independent, remotely-based advisers are all specialists in premium and luxury travel experiences tailored to individual clients.Over the past financial year, individual advisers recorded average earnings growth of 14%, while as a group SmartFlyer Australia boasts 18 preferred hotel programs and over 125 hotel high commission deals in their collective portfolio.Anthony Goldman, Joint Managing Director of Goldman Group said: “There is a growing trend towards travel advisers wanting to work remotely and on their own terms.“By offering flexible work options, SmartFlyer Australia means we can tap into the best travel talent regardless of location – all around Australia, whether that’s at home, on the beach, at a café, or while travelling around the world,”Goldman Group Joint Managing Director, Anthony GoldmanSmartFlyer Australia advisers work independently but have the backing of the Goldman Group’s 35 years of industry expertise, connections and buying power, enabling them to service their clientele from any location. They also regularly meet with other advisers to share knowledge, processes and contacts.“Our vast networks, industry relationships and extensive supply chain give our mobile team access to the very best premium travel products for their clients – enabling them to deliver completely bespoke holiday experiences each and every time,” said Goldman.Having come together in Sydney earlier in 2018, SmartFlyer Australia advisors will have another opportunity to unite to share stories of their success, and to target future growth at the company’s C.O.R.E. event in October in Melbourne.SmartFlyer’s New York-based Founder and CEO Michael Holtz, together with branding expert and leader of SmartFlyer’s successful Affiliate Program, Erina Pindar Chamberlain, will fly in to share their expertise with local advisers.“This is a further example of the benefits of belonging to a network which enjoys significant support, both locally and internationally,” Goldman concluded.Go back to the enewsletterlast_img read more

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